policy

HRD statutory fund reported in deficit after high-risk options trading

policy · Malaysia unverified

A r/Malaysia post cites an Edge Malaysia report saying the HRD (Human Resource Development) statutory fund has gone into deficit through high-risk trading in options, with the poster questioning how levy funds meant for training ended up in speculative investments. No deficit figures, ministry or HRD Corp response, or corrective action is stated. Kept distinct from the open MACC UiTM Holdings probe: different entity and different event.

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